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EMAMI PROFIT RISES 16% IN Q2FY20

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EMAMI PROFIT RISES 16% IN Q2FY20 Kolkata, November 6th 2019: The Board of Directors of Emami Limited met on Wednesday, 6th November 2019 to consider the unaudited financial...

Emami Group Promoters divest 10% stake for INR 1230...

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Emami Group Promoters divest 10%  stake  for INR 1230 cr in Emami Limited Kolkata, 24th June, 2019 : The promoters of Emami Group have undertaken a stake sale 10% in Emami Limited forraising approximately INR 1230 crores. This amount is intended to be used primarily for further reducing debt at thepromoter level. The stake sale occurred on the floor of the stock exchange to marquee institutional investors. The totalpromoter stake in Emami Limited subsequent to the stake sale, stands at a controlling majority of 52.74%. The promoters intend to maintain this controlling majority stake in Emami Limited without further diluting it. The promoters of Emami Group have more than adequate pool of diverse assets of value. With a view to further reducethe debt and reap the benefits of such investments for the benefit of Emami Group, the process of identification fordivestment of such assets has been initiated. The above steps are being endeavoured with a strong resolve to pare the debt of the Emami Group in 6 to 8 monthstime. Commenting on the stake sale and value realization efforts, Mr. Mohan Goenka, Director, Emami Group said: "Thepromoters are committed towards being proactive in addressing business and industry challenges and working in thebest interests of all Emami Group stakeholders; the stake sale and asset identification activity are examples of stepstowards this commitment." Mr. Aditya Agarwal, Director, Emami Group added "The deleveraging of debt is a priority for the promoters of Emami group. We have always endeavored and continue to endeavor to take all such steps as may be necessary to fuel the future growth of the Emami Group."

VARUN DHAWAN TO ENDORSE NAVRATNA COOL

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EMAMI'S NAVRATNA GETS A NEW FACE VARUN DHAWAN TO ENDORSE NAVRATNA COOL Kolkata, April 9, 2019:-  Navratna, one of the power brands of Emami Limited has roped in...

EMAMI POSTS 19% TOPLINE GROWTH IN Q1FY19

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EMAMI POSTS 19% TOPLINE GROWTH IN Q1FY19 Q1FY19 HIGHLIGHTS v 19% growth in Revenues (Like to Like*) with volume growth of 16% v Domestic Revenues (Like to...

EMAMI REPORTS ANNUAL REVENUE AND EBIDTA GROWTH OF 6% AND 11%...

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EMAMI REPORTS ANNUAL REVENUE AND EBIDTA GROWTH OF 6% AND 11% DESPITE CHALLENGING SECOND HALF  Kolkata, May 4th 2017: The Board of Directors of Emami...

Eat Healthy Live Healthy – EMAMI HEALTHY & TASTY EDIBLE OIL...

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EMAMI HEALTHY & TASTY EDIBLE OIL NATIONALLY LAUNCHED  Expands its footprints to northern and western markets Ropes in Superstar Amitabh Bachchan as H&T’s national...

West Bengal gets a new Cement Plant – EMAMI CEMENT COMMISSIONS...

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EMAMI CEMENT COMMISSIONS ITS PANAGARH PLANT IN RECORD TIME OF 13 MONTHS Built with an investment of around Rs 700 cr, the plant is...

Shilpa Shetty endorses Emami’s new launch – Navratna Almond Cool Oil

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Kolkata| Summer may be on its last leg but cooling options are never enough. Leading ‘coolness’ provider - Navratna Oil, has roped in Shilpa Shetty...